2014 MZN to ZAR Historical Review

YEARLY HIGH

0.3692 ZAR

YEARLY LOW

0.3273 ZAR

YEARLY AVERAGE

0.3470 ZAR

2014 MZN to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MZN to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 29, valuing the pair at 0.3692. Conversely, the yearly low was recorded on May 24, dropping to 0.3273.

This high-to-low spread represents a total annual volatility of 0.0419 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.3593 to the December average rate of 0.3474, the exchange rate registered a net change of -3.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.3692 was up 4.87% compared to the 2013 peak of 0.3520, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MZN based on timing:

Yearly Peak High 1,846 ZAR

2013 Average 1,613 ZAR

Yearly Trough Low 1,636 ZAR

Transaction Impact: A difference of 209.47 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.3622

0.3280

JanuMarcMayJulySeptNove

MZN to ZAR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.3421, compared to 0.3520 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0099 points.

H1 Avg (Jan–Jun) 0.3421

H2 Avg (Jul–Dec) 0.3520

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 0.0344 ZAR (High: 0.3648 / Low: 0.3305). On the other end, August was the most stable month, with a tight range of 0.0070 ZAR (High: 0.3549 / Low: 0.3479).

February Spread (Volatile) ±0.0344

August Spread (Stable) ±0.0070

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0127 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0127

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.3593) against the same month in 2013 (average: 0.2957), the exchange rate shifted by +0.0635 (+21.48%).

2014 Avg (January) 0.3593

2013 Avg (January) 0.2957

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3692	0.3509	0.3593
February	0.3648	0.3305	0.3466
March	0.3456	0.3319	0.3393
April	0.3443	0.3290	0.3379
May	0.3387	0.3273	0.3308
June	0.3433	0.3353	0.3385
July	0.3505	0.3385	0.3438
August	0.3549	0.3479	0.3510
September	0.3679	0.3505	0.3593
October	0.3665	0.3492	0.3566
November	0.3630	0.3460	0.3539
December	0.3573	0.3407	0.3474